Sr Quantitative Trader (options)

Quanta Search

$120K — $180K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Advanced quantitative trading knowledge and proven track record in derivatives.
  • Direct experience in market operations with accountability for PNL and risk management.
  • Strong analytical skills with a solid grounding in statistics.
  • Proficiency in Python and SQL; C++ skills are a plus.
  • Proven success in collaborative team environments, prioritizing collective success over individual recognition.
  • Capability to translate ideas into actionable strategies and results.
  • Strong desire for teamwork with highly driven colleagues.

Responsibilities

  • Drive profitability in an electronic trading operation through prior experience.
  • Implement innovative strategies via a feedback-focused research and trading process.
  • Conduct independent research to enhance existing strategies and develop new ones.
  • Lead strategy development and own PNL through identification of market opportunities.
  • Create data-driven tools to streamline trading and risk management processes.
  • Apply quantitative analysis to address fundamental problems for long-term adaptability.
  • Mentor and develop junior traders and quants within the team.

Benefits

  • Collaborative team environment that promotes continuous improvement.
  • Opportunities for leadership and strategy development.
  • Access to mentorship from experienced team members across various domains.
  • Chance to drive innovation and enhance trading operations.
Full Job Description
THE ROLE They are seeking an experienced Senior Quantitative Trader to join one of their highly profitable options market-making desks. Trading teams require individuals that can marry trading intuition, quantitative research and technical acumen in order to capitalize on short and medium-term opportunities in volatility market making. This role offers an outstanding opportunity in leadership, strategy development and risk management in a team trading environment where collaboration and continuous improvement are greatly rewarded. WHAT YOU'LL DO • Build upon your previous research and trading experience to drive the profitability of a highly electronic trading operation. • Drive a rapid innovation cycle that produces demonstrable wins through the feedback loops of quantitative research/analysis, trading, post-trade analysis, and iterative workflows. • Autonomously conduct research and experiments to improve existing strategies and deploy new strategies that monetize opportunities in a constantly evolving market environment. • Take a leadership role in problem or opportunity identification to drive and own strategies and PNL • Build data-based tools and workflows to further systematize our approach to trading and risk management. • Apply quantitative research and modeling to solve core problems in order to set us up for adaptability and innovation in the medium to longer term. • Learn from an experienced team with a diverse knowledge base across trading, quant, and technology • Lead, mentor, and develop other traders and quants WHAT WE'RE LOOKING FOR • Advanced quantitative trading knowledge and intuition with a demonstrated track record within the derivatives industry • Direct market experience including ownership of PNL and risk management • Strong analytical problem-solving skills including a solid foundation of statistics knowledge • Proficiency in Python (bonus C++), and ability to use SQL; able to use these skills to manipulate large datasets and build lightweight tools for analysis • History of success working in a team first environment - we hold the success of the team above personal recognition • Demonstrated ability to take your own ideas or those of others and elevate them into tangible actions and results. • A desire to operate as part of a team of smart, highly driven peers, commensurate with our culture • Ability to learn from mistakes and continuously improve • Excellent communication skills with the ability to collaborate across all subject areas in the firm

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